Millionaire Pie

This yummy variation on this famous treat uses coconut for an extra burst of flavor.

Updated March 21, 2023

Editor's Note: This recipe for the famed and fabulous millionaire pie is a can't-miss variation on a southern fave. Using condensed milk and heavy whipping cream, our homemade version is especially decadent and offers a unique flavor palate. Our recipe uses both flaked coconut and coconut extract to ensure that this flavor shines through. If you do decide to whip up this wonderful Hawaiian-flavored treat, be sure to give it plenty of time in the fridge. In fact, we recommend making it the night before!

Originally a Southern belle, this pie from South Carolina was so rich and delicious, it easily coined the name "Millionaire Pie." I think it is the deliciousness, and the sweet nature and strong structure of this dessert that make it so worthy of the name.


Preparation Time15 min

Chilling Time3 hr


  • 1 cup sweetened flaked coconut
  • 1 (15-1/4-ounce) can crushed pineapple, drained
  • 1 cup maraschino cherries, stemmed, drained, and chopped
  • 1/2 cup chopped walnuts
  • 1 (14-ounce) can sweetened condensed milk
  • 1/3 cup lemon juice
  • 1 tablespoon maraschino cherry juice
  • 1/2 teaspoon coconut extract
  • 1 cup freshly whipped heavy cream, plus extra for serving
  • 4 ounces mascarpone cheese, at room temperature
  • 1 store-bought (or homemade) graham cracker crust
  • Whole maraschino cherries, pecans, sweetened flaked coconut, pineapple, and silver sugar pearls for garnish


  1. In a large bowl, combine the flaked coconut, pineapple, maraschino cherries, walnuts, condensed milk, lemon juice, cherry juice, and coconut extract.

  2. Whisk together the whipped cream and mascarpone cheese until combined and smooth.

  3. Gently fold the whipped cream–mascarpone mixture into the coconut mixture.

  4. Spread the mixture into the crust.

  5. Refrigerate the pie for 3 hours or overnight.

  6. Top with the garnishes and serve.


Or use mini prepared pie crusts.


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